ACCC approves local merger of pharma firms Arrow and Apotex

The Australian

20 September 2018 - Half of all generic prescriptions could come from one supplier after the competition watchdog approved a merger between two pharmaceutical companies.

India’s Strides Pharma Science, operating in Australia and New Zealand as Arrow Pharmaceuticals, is seeking to merge with the local arm of Toronto-based company Apotex.

The pair import and distribute generic prescriptions - non-branded medications - including vitamins and drugs sold over the counter.

Read The Australian article

Michael Wonder

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Michael Wonder